Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Absci Corp’s stock clocked out at $3.52, down -3.03% from its previous closing price of $3.63. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 4.14 million shares were traded. ABSI stock price reached its highest trading level at $3.74 during the session, while it also had its lowest trading level at $3.43.
Ratios:
To gain a deeper understanding of ABSI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.72 and its Current Ratio is at 5.72. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 22, 2025, Needham started tracking the stock assigning a Buy rating and target price of $9.
On October 02, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $10.Guggenheim initiated its Buy rating on October 02, 2024, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABSI now has a Market Capitalization of 449007680 and an Enterprise Value of 323942912. For the stock, the TTM Price-to-Sale (P/S) ratio is 93.16 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 67.278 whereas that against EBITDA is -3.283.
Stock Price History:
The Beta on a monthly basis for ABSI is 2.06, which has changed by -0.19634706 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, ABSI has reached a high of $6.33, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 24.50%, while the 200-Day Moving Average is calculated to be 6.89%.
Shares Statistics:
It appears that ABSI traded 3.58M shares on average per day over the past three months and 5628910 shares per day over the past ten days. A total of 127.54M shares are outstanding, with a floating share count of 111.47M. Insiders hold about 12.61% of the company’s shares, while institutions hold 65.98% stake in the company. Shares short for ABSI as of 1751241600 were 32103327 with a Short Ratio of 8.96, compared to 1748563200 on 24529170. Therefore, it implies a Short% of Shares Outstanding of 32103327 and a Short% of Float of 30.55.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
